Equity
€123,075 from €5.3m in 2013
Equity fell by 98% in 12 years.
COTENG
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €1.6m (2015)
€1.0m▲ 7.5%
peak €1.2m (2013)
€203,419▲ 9.4%
peak €5.3m (2013)
€123,075▼ 1.3%
€669,800▼ 7.9%
peak 11.4 FTE (2016)
6.1 FTE▼ 10.3%
Board2 names since 2010
1 directorAmsos BV
Owners
100%TeyeME
Documentsfilings and deeds
19-05-202673 days before the deadline
2025abbreviated format
Staff from 6.8 FTE to 6.1 FTEDividend €205,000Cash from €70,705 to €32,423
Key points
from the 2025 annual accountsTurnover
≈ €1.8m estimated
The abbreviated format states no turnover.
Debts
€669,800 84% of the balance sheet
Financial debts 14%Suppliers 11%Taxes and wages 12%Other 63%
Of this, €418,076 falls due within a year.
Staff
6.1 FTE from 11.4 in 2016
Between 2016 and 2025, 46% of the full-time equivalents disappeared.
Filings
35 annual accounts since 1991
Three of the last ten came late. The 2019 accounts came latest: 67 days after the end of the period.
Position in the sector
€203,419
Higher net result than 87% of companies in computer programming and consultancy. Sector median €22,924 · 3,405 companies.
Checked score
84
Excellent
Financially stronger than 37% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.2 percentage points vs 05-2025highest value
07-2025: 0.3%● unchanged vs 06-2025highest value
08-2025: 0.3%● unchanged vs 07-2025highest value
09-2025: 0.3%● unchanged vs 08-2025highest value
10-2025: 0.3%● unchanged vs 09-2025highest value
11-2025: 0.3%● unchanged vs 10-2025highest value
12-2025: 0.3%● unchanged vs 11-2025highest value
01-2026: 0.3%● unchanged vs 12-2025highest value
02-2026: 0.3%● unchanged vs 01-2026highest value
03-2026: 0.3%● unchanged vs 02-2026highest value
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €123,075 (15.5% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Profit of €203,419 (financial year 2025)
Founded in 1991
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 19% of them on solvency, 10% on liquidity, 82% on profitability and 38% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as COTENG has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COTENG itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for COTENG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.11 in 2024), below the usual 1.5. Short-term debt is 52.7% and cash 4.1% of total assets. 84.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 3405 sector peers (2025).
NBB · sector comparisonPosition among 3405 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 days early
2024
73 days early
2023
on the day
2022
12 days early
2021
20 days early
2020
33 days early
2019
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 53 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0443166373
1 director resigning
Permanent representatives: Amélie Stickens and Didier Stickens · TeyeME NV · Board meeting of 19-08-2023 · Gazette deed
Amendment of the articles
“Het onderzoek, de ontwikkeling, de vervaardiging en commercialisering van software en andere nieuwe producten…” (deed in Dutch) · Gazette deed
Permanent representatives: Hans Verrijcken, Amélie Stickens and Didier Stickens
Board meeting of 10-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COTENG Antwerp | €0.8m | €1.0m | 15.5% | 6.1 |
| OPEN PRODUCTS, NETWORKS & SOFTWARE Antwerp | €0.9m | €1.0m | 18.4% | 8.6 |
| ROOTS Aartselaar | €0.9m | €0.7m | 71.9% | 7.6 |
| SOFTCONSTRUCT Kontich | €1.1m | €1.1m | 36.2% | 8.6 |
| XATRAX Oosterzele | €0.9m | €1.0m | 43.5% | 7.7 |
| BUILDSOFT Merelbeke-Melle | €0.8m | €0.7m | 57.5% | 6.9 |
| e2e Ghent | €0.8m | €0.8m | 50.5% | 8.3 |
These companies have the same main activity as COTENG: computer programming (NACE 62100). They are comparable in size and age: total assets between €841,000 and €1.1m, founded between 1987 and 1994.
Official details
Source: KBO- Status
- Active since 30-01-1991Normal situation
- Activity
- Computer programmingNACE 62100and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.051.564.9452100 Antwerp, since 14-02-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €792,875▼ 7.0%
- Employeeson 31-12-2025
- 6▼ 14.3%
- Filing
- Filed on 19-05-2026, 73 days before the end of the filing period
Insights on COTENG
COTENG files the abbreviated format. That format states no turnover. The gross margin rose from €598,775 in 2006 to €1.0m in 2025.
TeyeME holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COTENG
- What is the company number of COTENG?
- The company number of COTENG is 0443.166.373. The VAT number is the same number with BE in front: BE 0443.166.373.
- Where is COTENG based?
- The registered office is at Kruiningenstraat 6-8, 2100 Antwerp.Company details
- What does COTENG do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of COTENG?
- COTENG is a public limited company (NV).
- When was COTENG founded?
- COTENG was founded on 30-01-1991.
- Is COTENG still active?
- Yes, COTENG is an active enterprise in the KBO register.
- How many employees does COTENG have?
- COTENG had an average of 6.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COTENG fall under?
- In its 2025 annual accounts, COTENG states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of COTENG?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €1.0m and 33 comparable companies (NACE 62100). It probably lies between €1.4m and €2.1m.
- Is COTENG profitable?
- In financial year 2025, COTENG made a profit of €203,419.
- Where can I find the annual accounts of COTENG?
- COTENG filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COTENG due?
- COTENG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.